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Included in Pro Engineerings December 31 trial balance is unearned revenue of $22,000. Management reviewed the companys progress on the underlying contracts and determined that
Included in Pro Engineerings December 31 trial balance is unearned revenue of $22,000. Management reviewed the companys progress on the underlying contracts and determined that $7,500 of revenue should be recognized. Prepare Pro Engineerings December 31 adjusting entry. Please list Debit/Credit
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